Sen. Rounds unveils AI bills for faster Medicare payments, restricting chips to China

Sen. Mike Rounds (R-SD) has introduced separate bills related to artificial intelligence on two very different fronts: speeding Medicare approvals and payments for AI-enabled medical devices and preventing the smuggling of American-made computer chips into China to assist in its AI developments.

The Health Tech Investment Act was introduced along with Sen. Martin Heinrich (D-NM) who co-chairs the Senate AI caucus with Rounds. The bill “establishes a consistent and predictable Medicare payment pathway for these technologies, providing patients with...